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Here are the major company related news updates for 31st Oct, 2025 –

  • Industries Reliance : Announced a broad strategic alliance with Google to empower developers, businesses, and consumers by accelerating the adoption of artificial intelligence (AI) throughout India. Google and Reliance Intelligence will start offering qualified Jio users the most recent version of Google Gemini as part of Google’s AI Pro package, which will be free for 18 months. The value of this 18-month offer is Rs 35,100.
  • The United Spirits :For the quarter that ended in September, United Spirits recorded a consolidated net profit of ?464 crore, a 36.1% YoY increase. The quarter’s revenue increased 11.6% to ?3,173 crore thanks to consistent consumer demand and solid brand performance. EBITDA increased to ?660 crore, a 31.5% year-over-year increase. The business’s operating margin increased significantly to 20.8% from 17.7% at the same time last year.
  • Swiggy : In the second quarter (Q2) of the fiscal year 2025–2026 (FY26), Swiggy’s net loss increased 74.4 percent year over year (YoY) to Rs 1,092 crore, up from Rs 626 crore in the same time the previous year. Due to the tremendous growth of its quick commerce sector, Instamart, the company posted a loss of Rs 1,197 crore in the prior quarter.
    Swiggy’s operating revenue increased 54.4 percent year over year to Rs 5,561 crore in Q2 from Rs 3,601 crore in Q1. In the previous quarter, it generated revenue of Rs 4,961 crore. The proposal to raise Rs 10,000 crore through a qualified institutional placement will be discussed and approved by Swiggy’s Board at its meeting on November 7.
  • Dabur : Despite transitional challenges from the new GST regime, India’s volume increase was 2% YoY, and the country’s consolidated revenue from operations was Rs. 3191 cr, up 5.4% YoY. 95% of the company’s portfolio saw an increase in market share. In Indian rupees, international business expanded 7.7% (5.5% YoY CC increase). The gross profit margin increased 10 basis points year over year to 49.4% (241 basis points QoQ), while the gross profit increased 5.6% year over year to Rs 1578 cr. Despite greater ad spends during the quarter, lower labor costs helped the EBITDA margin grow by 18 bps YoY (-119 bps QoQ). EBITDA increased by 6.4% year over year in absolute terms. PAT growth was 6.5% year over year.
  • The Pidilite : At Rs. 3,554 cr, consolidated revenue from operations increased 9.9% year over year, primarily due to 10.3% Underlying Volume Growth (UVG). Due to lower material costs, gross profit increased by 11.3% year over year to Rs 1,956 cr. The gross profit margin increased from 54.4% in Q2FY25 to 55.0%, a YoY increase of 69 basis points. EBITDA margin growth was restricted to 17 bps YoY to 23.9% due to higher other expenses. EBITDA increased by 10.7% year over year in absolute terms. PAT growth was 8.2% year over year.
  • ITC : For the second quarter, ITC’s standalone net profit was Rs 5,180 crore, up 2% from Rs 5,078 crore during the same time last year. Revenue for the second quarter of the previous year was Rs 18,021 crore, a 3.4% decrease from Rs 18,648 crore. The EBITDA margin grew to 34.7% from 32.8% during the same period last year, and EBITDA climbed 2.1% year over year to Rs 6,252 crore from Rs 6,123 crore.
  • Lodha Developers : Due to substantial operating and financial leverage, Lodha Developers’ net profit for the second quarter of the fiscal year 2026 (Q2FY26) increased by 84.1% YoY to Rs 778.7 crore. Operational revenue rose 44.7% year over year to Rs 3,798.5 crore. Due to restricted launches during what is usually seen as a quiet quarter for real estate because of the monsoons and the unfavorable Shraddh period, the company announced pre-sales of Rs 4,570 crore, up 7% YoY. In terms of pre-sales, this was the company’s best-ever second quarter.
  • Cemindia : Consolidated revenue for Q1FY26 was Rs 2,175.5 crore, up 9.3% year over year from Rs 1,990.9 crore. EBITDA increased 18.6% year over year to Rs 242 crore, and its margin was 11.1% in Q2FY26 compared to 10.3% in Q2FY25. In Q2FY26, net profit was Rs 107.7 crore, up 49% YoY from Q2FY25’s Rs 72 crore.
  • Grindwell Norton: The company’s net profit increased 11.12% to Rs 106.88 crore in the September 2025 quarter from Rs 96.18 crore in the September 2024 quarter. In the quarter that concluded in September 2025, sales increased 11.73% to Rs 771.70 crore, up from Rs 690.71 crore in the quarter that ended in September 2024.
  • Welspun Corporation :Two significant line pipe orders for natural gas and NGL pipeline projects in the US, totaling approximately US$715 million, have been awarded to the company’s US affiliate. The US facility now has unambiguous business visibility and continuity through FY28 thanks to these orders.
  • Capital Aditya Birla : At Rs 10,595 crore, consolidated revenue increased 2.6% year over year. The quarter’s net profit was Rs 882.5 crore. Disbursements of Rs 21,990 crore were reported by the company’s NBFC division, a 14% increase over the previous year. The total loan book grew 29% year over year to Rs 1.78 lakh crore, while AUM increased 22% YoY to Rs 1.39 lakh crore. The insurance company’s AUM increased by 10% year over year to Rs 5.5 lakh crore.
  • Hyundai Motor : The quarter’s revenue reached Rs 17,461 crore, up 1.2% year over year. Volumes decreased by 1% throughout the quarter, which resulted in modest revenue growth. EBITDA increased by 10% YoY to Rs 2,430 crore, and EBITDA margin expanded better than anticipated to 13.9% from 12.8% last year. Net profit increased by 14% from the year-ago period to Rs 1,572 crore.
  • Bank of Bandhan : Reported a significant 88% YoY decline in Q2 net profit to Rs 112 crore. Despite profit decline, the bank showed resilience in asset quality with stable GNPA at 5% and NNPA at 1.4%. Gross advances grew 7% YoY to Rs 1.4 lakh crore, while deposits increased 11% YoY to Rs 1.6 lakh crore. The bank is actively diversifying its portfolio with secured advances now constituting 55% of total advances, up from 47% a year ago.
  • NTPC : It reported muted quarter as revenues came in at Rs 44,785 Cr growing merely 0.2% YoY due to lower thermal generation. EBITDA number grew by 9.9% YoY to Rs 12,815.7 Cr on the back to lower fuel cost through increasing contribution from renewables. PAT observed a de-growth of -2.9% from higher depreciation and lower income from JVs
  • Adani Power : Revenue from operations came in at Rs 13,639 Cr, marking 1.2% growth YoY and -3.3% decline QoQ. EBITDA noticed a degrowth of – 1.2% YoY/-13.3% QoQ to Rs 5,333 Cr. PAT for the quarter was Rs 2,906 Cr which declined by -11.9% YoY/ -12.1% QoQ
  • Welspun Corporation : The board of Welspun Corp has approved the acquisition of 2,72,39,744 equity shares (4.11% equity stake) of Welspun Specialty Solutions, subsidiary company, from the Promoter Group at the market price subject to compliance of applicable laws. Upon completion of this acquisition, the Company’s equity holding in Welspun Specialty Solutions will increase from 51.06% to 55.17%.
  • TCS : The company has entered into a five-year partnership with Tata Motors to accelerate the automaker’s sustainability efforts. Tata Motors’ sustainability platform, Prakriti, powered by the AI-driven TCS Intelligent Urban Exchange (IUX), will digitize ESG data and enable real-time monitoring, automated ESG compliance reporting, and data-driven sustainability insights.
  • BEL : The company has secured additional orders worth Rs 732 crore since October 22. Major orders received include software-defined radios (SDRs), tank sub-systems, communication equipment, missile components, financial management software, cybersecurity solutions, upgrades, spares, and services.
  • V2 Retail : The company has launched its qualified institutional placement (QIP) with a floor price of Rs 2,245.75 per share. According to sources, the issue size may be Rs 300 crore, which can be scaled up to Rs 400 crore.
  • MTAR Technologies : The company has received an international order worth Rs 263.54 crore from an existing customer